Singapore Names Wong as Deputy PM, Setting Up Succession

(Bloomberg) -- Singapore’s Finance Minister Lawrence Wong will become deputy prime minister from June 13, according to an emailed statement from the Prime Minister’s Office.

Most Read from Bloomberg

• Amazon’s Stock Split Delivers More Than Bargained For

• Apple Unveils Biggest MacBook Air Redesign in Over a Decade

• Elon Musk Says Twitter’s Lack of Info on Bots Breaches Merger Deal

• Stocks Rise as Higher Yields Keep Check on Rally: Markets Wrap

• US Probes Binance Over Token That Is Now World’s Fifth Largest

• Will assume responsibility for the Strategy Group within the Prime Minister’s Office, taking over current deputy prime minister Heng Swee Keat

  • Wong will retain current finance portfolio

• NOTE: In April, Singapore Taps Finance Chief Wong as Heir Apparent to PM Lee

Most Read from Bloomberg Businessweek

• Ukraine’s Tactics Are Showing Smaller Countries How to Fight Back

• Oz Won by Ditching the Oprahverse for Trump and Planet Hannity

• Sheryl Sandberg’s ‘Lean In’ Missed What Most Women Needed

• An Industrial Stalwart Goes All-In on Specialty Software

• In Seattle’s Burning Hot Real Estate Market, It’s A.I. or Bust

©2022 Bloomberg L.P.